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December 24, 2013 04:00 am GMT
This is not exactly the merriest of times for Target. Last week the retailer revealed that credit card data from 40 million customers had been stolen. Now it looks like the giant retailer could be liable for up to $3.6 billion. Yowza!Target could face a $90 fine for each cardholders data compromised, which translates to the $3.6 billion liability, according to a post on the SuperMoney web site.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s1oWpHKO9gw/
Target May Be Liable For Up To $3.6 Billion From Credit Card Data Breach
This is not exactly the merriest of times for Target. Last week the retailer revealed that credit card data from 40 million customers had been stolen. Now it looks like the giant retailer could be liable for up to $3.6 billion. Yowza!Target could face a $90 fine for each cardholders data compromised, which translates to the $3.6 billion liability, according to a post on the SuperMoney web site.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s1oWpHKO9gw/
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